Mattias Stetz Sells 20,000 Shares of Rush Street Interactive (NYSE:RSI) Stock

Rush Street Interactive, Inc. (NYSE:RSI) COO Mattias Stetz sold 20,000 shares of Rush Street Interactive stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $31.22, for a total transaction of $624,400.00. Following the completion of the sale, the chief operating officer owned 197,874 shares of the company’s stock, valued at $6,177,626.28. This represents a 9.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Mattias Stetz also recently made the following trade(s):

• On Monday, June 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $25.63, for a total transaction of $512,600.00.
• On Wednesday, May 6th, Mattias Stetz sold 11,175 shares of Rush Street Interactive stock. The stock was sold at an average price of $24.96, for a total transaction of $278,928.00.
• On Tuesday, May 5th, Mattias Stetz sold 74,500 shares of Rush Street Interactive stock. The stock was sold at an average price of $24.96, for a total transaction of $1,859,520.00.
• On Friday, May 1st, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The stock was sold at an average price of $28.09, for a total transaction of $561,800.00.
• On Wednesday, April 29th, Mattias Stetz sold 50,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $27.44, for a total transaction of $1,372,000.00.
• On Monday, April 27th, Mattias Stetz sold 20,000 shares of Rush Street Interactive stock. The shares were sold at an average price of $24.06, for a total value of $481,200.00.

Rush Street Interactive Price Performance

NYSE RSI opened at $31.64 on Friday. The stock has a market capitalization of $7.36 billion, a price-to-earnings ratio of 102.07 and a beta of 1.56. Rush Street Interactive, Inc. has a 1-year low of $14.38 and a 1-year high of $31.85. The business’s fifty day moving average price is $27.87 and its 200-day moving average price is $22.57.

Rush Street Interactive (NYSE:RSI) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.12 by $0.02. The company had revenue of $370.36 million during the quarter, compared to analyst estimates of $330.82 million. Rush Street Interactive had a return on equity of 17.21% and a net margin of 2.98%.Rush Street Interactive’s revenue was up 41.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.09 earnings per share. Equities research analysts anticipate that Rush Street Interactive, Inc. will post 0.47 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on RSI shares. Oppenheimer boosted their price target on Rush Street Interactive from $25.00 to $30.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Citizens Jmp increased their price objective on shares of Rush Street Interactive from $27.00 to $30.00 and gave the stock a “market outperform” rating in a research note on Wednesday, May 20th. Wells Fargo & Company raised their price objective on shares of Rush Street Interactive from $26.00 to $29.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Susquehanna boosted their target price on shares of Rush Street Interactive from $25.00 to $29.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. Finally, Citigroup reaffirmed an “outperform” rating on shares of Rush Street Interactive in a report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $29.25.

Institutional Trading of Rush Street Interactive

A number of hedge funds and other institutional investors have recently bought and sold shares of RSI. Precision Wealth Strategies LLC purchased a new position in Rush Street Interactive during the fourth quarter valued at $1,680,000. UBS Group AG lifted its stake in Rush Street Interactive by 4.0% in the 4th quarter. UBS Group AG now owns 1,037,277 shares of the company’s stock worth $20,154,000 after purchasing an additional 40,232 shares in the last quarter. Jefferies Financial Group Inc. bought a new position in shares of Rush Street Interactive during the 4th quarter valued at about $2,053,000. Vanguard Group Inc. boosted its holdings in shares of Rush Street Interactive by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 9,050,062 shares of the company’s stock valued at $175,843,000 after purchasing an additional 227,783 shares during the last quarter. Finally, William Blair Investment Management LLC boosted its holdings in shares of Rush Street Interactive by 17.3% during the 4th quarter. William Blair Investment Management LLC now owns 2,557,778 shares of the company’s stock valued at $49,698,000 after purchasing an additional 378,002 shares during the last quarter. Hedge funds and other institutional investors own 24.78% of the company’s stock.

Rush Street Interactive Company Profile

Rush Street Interactive (NYSE: RSI) is a digital gaming and sports betting company that develops and operates online wagering platforms in regulated markets. As a subsidiary of Rush Street Gaming, the company specializes in delivering interactive casino games, live dealer experiences, and sports betting services through desktop and mobile applications. Its technology infrastructure is designed to support real-time wagering, secure transactions, and responsible gaming tools across multiple jurisdictions.

The company’s flagship brand, BetRivers, offers a range of casino titles—including slots, table games, and virtual sports—alongside a comprehensive sportsbook featuring pre-game and in-play betting markets.